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Are you describing what paper money does or what Bitcoin does? Sooner or later, blockchain-based money will be regulated. Just like paper money is today. But i
by C14L 9y ago
Are you describing what paper money does or what Bitcoin does?
Sooner or later, blockchain-based money will be regulated. Just like paper money is today. But its too early now.
- ctulek 9y agoBitcoin, if not worse, has similar problems that cash money has. While governments trying to get rid off cash, now we have Bitcoin on top of that. There will be regulations on Bitcoin for sure but how can it be regulated without breaking the original premise, that is, being able stay anonymous with one's transactions?
- C14L 9y agoBitcoin's original premise was to offer money transfers that are low cost and fast. Sadly, that isn't the case anymore for the original Bitcoin. The ledger is public, so it was never really anonymous. Just hard to follow.